52 week highs and all time highs strategy

Another Chart where Multiple patterns are playing out, making it quite a bullish chart is Va Tech Wabag (Monthly chart):

• From 2011-2013, we saw an Inverse H&S formation, leading to a breakout move from ~250 to 900 odd levels.
• From ATH top in 2015, we can see a multi year downward broadening wedge for 8 years till Feb 2023. This gave a breakout at ~350 levels.
• The reversal also included an Inverse H&S reversal pattern from 2018 to 2023, which has given a breakout as well.
• With multiple multi year pattern and RSI breakouts, the stock seems to have reversed and is possibly bullish for the next few years.